Property boosts growth at Beazley but it quits construction and engineering

08-11-2018

Property boosts growth at Beazley but it quits construction and engineering

iStock/ NicoElNino

Beazley enjoyed solid growth in the first nine months of the year, partly driven by big increases in its property unit and average rate increases on renewal business of 3 percent; it also revealed it will cease underwriting construction and engineering business because of unsustainable rates in these sectors.


Beazley, London, UK, Third quarter 2018, Results, Andrew Horton, Insurance

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